Net Salvage Value Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $16.8 million, of which 80% has been depreciated. The used equipment can be sold today for $4.8 million, and its tax rate is 25%. What is the equipment's after-tax net salvage value? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round your answer to the nearest dollar. $ NPV A project has an initial cost of $60,000, expected net cash inflows of $13,000 per year for 9 years, and a cost of capital of 11%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent. $